#MarketRebound
Binance Square reports a strong bounce after a recent dip—Bitcoin has rebounded above $115,000, climbing to around $115,200 as of August 4, following a weaker weekend sell-off . This rebound is viewed by analysts as a liquidity reset in action: a massive $922 million liquidation event triggered forced sell-offs, clearing excessive leverage and paving the way for a structural recovery .
CryptoQuant data shows Binance’s cumulative net taker volume dipping below −$1.5 billion, a sign of retail capitulation and possible institutional accumulation at lower prices . Technical patterns like the “Power of 3” suggest potential upside toward $126,000, assuming key levels like $115,300 and $116,800 hold as new support zones .
While the short‑term rebound looks promising, experts caution volume and macro drivers (like Fed rate cuts and funding‑rate shifts) will determine whether this is a sustainable restart or just a temporary bounce .